Dimensional Fund Advisors LP Acquires 14,435 Shares of First Western Financial, Inc. (NASDAQ:MYFW)

Dimensional Fund Advisors LP grew its position in First Western Financial, Inc. (NASDAQ:MYFW - Free Report) by 8.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,681 shares of the company's stock after purchasing an additional 14,435 shares during the quarter. Dimensional Fund Advisors LP owned about 1.99% of First Western Financial worth $3,767,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. grew its position in shares of First Western Financial by 0.9% in the fourth quarter. Alliancebernstein L.P. now owns 354,571 shares of the company's stock valued at $6,932,000 after purchasing an additional 3,007 shares during the last quarter. Curi RMB Capital LLC grew its position in First Western Financial by 120.0% during the fourth quarter. Curi RMB Capital LLC now owns 196,656 shares of the company's stock worth $3,845,000 after buying an additional 107,282 shares in the last quarter. Tieton Capital Management LLC grew its position in First Western Financial by 22.4% during the fourth quarter. Tieton Capital Management LLC now owns 184,612 shares of the company's stock worth $3,609,000 after buying an additional 33,822 shares in the last quarter. Diamond Hill Capital Management Inc. grew its position in First Western Financial by 9.5% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 154,878 shares of the company's stock worth $3,028,000 after buying an additional 13,462 shares in the last quarter. Finally, Rosenthal Henry Capital Advisors Inc. acquired a new stake in First Western Financial during the fourth quarter worth approximately $1,162,000. Institutional investors and hedge funds own 60.26% of the company's stock.

First Western Financial Price Performance

NASDAQ MYFW traded up $0.10 on Monday, hitting $22.52. 19,312 shares of the company's stock were exchanged, compared to its average volume of 27,189. The stock has a 50-day moving average of $19.74 and a 200-day moving average of $19.98. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 0.46. First Western Financial, Inc. has a 52 week low of $15.54 and a 52 week high of $23.61. The stock has a market cap of $218.78 million, a price-to-earnings ratio of 25.89 and a beta of 0.82.

First Western Financial (NASDAQ:MYFW - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.20. First Western Financial had a return on equity of 3.43% and a net margin of 4.70%. The firm had revenue of $24.80 million during the quarter, compared to analysts' expectations of $24.10 million. Analysts expect that First Western Financial, Inc. will post 1.5 earnings per share for the current year.

Insiders Place Their Bets

In other First Western Financial news, CEO Scott C. Wylie sold 5,000 shares of the company's stock in a transaction on Friday, May 9th. The stock was sold at an average price of $21.53, for a total transaction of $107,650.00. Following the completion of the sale, the chief executive officer now directly owns 767,164 shares in the company, valued at $16,517,040.92. This represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 15.50% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Hovde Group increased their price target on First Western Financial from $23.00 to $24.50 and gave the stock an "outperform" rating in a research report on Monday, April 28th. Piper Sandler increased their price target on First Western Financial from $21.50 to $22.50 and gave the stock a "neutral" rating in a research report on Monday, April 28th. Finally, Keefe, Bruyette & Woods increased their price target on First Western Financial from $24.00 to $26.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th.

First Western Financial Company Profile

First Western Financial, Inc, a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services.